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Henderson daily dispatch. (Henderson, N.C.) 1914-1995, March 19, 1932, Image 4

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PAGE FOUR
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Klltlac, Atlanta; Security Bundle*.
S. iwaia.
Bat* red al Ike poet office la Hander
•ta. M. C.. at ttc-oad uUm wall matter
ALX ARE INVITED Come ye and
lot us go up to the mountain of the
(Lord, to the house of the God of
Jacob; and he will teach us of his
ways, and we will walk in his pnths.
—lst ah 2 3
THE FIRST AND THE I.AST
I am the first, and I am the last: and
besides me there is no God Is
no God; I know not nnv Isa. 44 6.8.
$m
f^AMES^ASWELLI"
By Central Prett
New York, March 18--1 f there was
ever a young man’s game, it is radio
From announcers to vVe presidents
and even chief executives of the sta
tions and networks visitors are im
r*Tt" ■ i ■ by the
» number of ruddy
cheeked young
sters who look as
though they wear
no garters and
have checked
their raccoon
coats and colle
gia t e roadsters
before entering the studios.
This is not the result of popular
demand that youth ride the saddles
. of rhe air. I’ is not due either to
the tolerance of old heads who are
willing for neophyte* to have their
chance.
• The reason is far more compelling:
being aimply that young men know
more about radio and have had more
practical experience with it. The
present development of broadcasting
•trme directly from those thousands
of back-lot laboratories set up and ad
min ittered by high school boys who
tinkered and experimented with the
tame passion which animated another
generation for stamps, pigeons and
soft drink
. Radio is.* r believe, the first great
American science and industry to
have been developed an dset going
largely by children When a man of
4 r> applies for a job as ether techni
cian, be may have had four or ftve
, year*' experience. But when a 23-
year-old sends In his application it is
safe to assume that he tas been
monkeying with coils, keyboards,
long and short waves for at least a
decade. Hence he usually get« the
job. 1
HOP. SKIP AND JUMP
It was astonishing to learn that
when Sousa, the great bandmaster,
died, he had b* en suffering from a
broken neck for years! . . . Stuart
Erwin, the talkie actor can seem more
brilliantly weak-charactered than any
mime I know of . . . Independent
movie producers believe the turmoil
in the major studios will enable them
to get a footing now they never found
pos.-rlbt* before.
Inscription, “Privately Printed,” Is
no protection for book publushers as
far as the censors and police are con
cerned . . . But it leads readers to
beUeve they have got hold of some
thing warm . . . Newspaper circulv
tions generally bounded higher as l
result of the Lindbergh misfortune
than at any time since the war.
Purely Personal: if readers of this
column who write to me find the re
ply delayed, it ten t due to my cumed
ness altogether; forwarding often in
volves delays.
MANHATTAN NIGHTS
There are many kinds of evening*
ir. thk incredible town.
There’s the tangy and mellow even
ing of slanting cold rain: this is for
the top-hat and ermine crowd. Then
limousines are iu their element, slid
ing up before marquees a blase wMfc
lights and nosing Into the echoing
driveways under the Waldorf and up
to the bbtend, rich anonymity of the
Rtis, the St. Regis, the St. Mortis
sad Pierre's.
There's the surprisingly 90ft and
kind evening of approaching spring,
when the light* of Tompkins and
Union Squares bum wKh a teas Indif
ferent, cruelty. Then the nlfha ahapea
of the city take on a benign gtood
humor and famlharhy . Thta In the
time of the submerged mill lone.
Bowery bun stretch on their bench
es and stoop* and begin to chatter
w*th one another. Lovers a*op rhe
Fifth Aveetue buses HA up their young
faces to meet the exciting cfeaMetage
of tp>‘ ‘figure: flmaanm. ypnedble
wealth.
And there’s the hari, bright even
ing when the sown suddenly retreats
into Its lacquered shell. Them the sub
way crowds grew thin Upped and
frigid-eyed Taxi drivers curs* one
another with increased Implacable
vehemence . CocnenimM.
moun Chew platform wish the gutter
of desperation m their eyes. A mood
oi selfish intensity sweeps through
the streets, i-amnutwstmg Itself even
to the stony countenances of chauf
feurs.
Then there’s finally the night of
quiet, when nothing's opening, noth
ing's doing; nothing new is astir and
the routine of the metropolis churns
on without the squeak of news in its
mnards.
TWs is rhe columnist’s evening!
TODAY
TO LAY’S ANN VERS ARIES.
1813 David Livingstone, famous Scot
tish explorer and missionary to
Africa, born. Died in Africa,
May 1, 1873.
1817—Seth Green, father of fishcul
ture in the U. S. p born near
Rochester, N. ,Y. Died there.
August 20. 1888.
1830 Hubert A. Newton, celebrated
mathematician and astronomer
of his day, born at Sherburne,
N. Y. Died at New Haven, Conn..
Aug. 30, 1896.
1843—Moorfield Storey, noted Boston
lawyer and antiimperlaltet. born
in Boston. Died in Lincoln, Maas
Oct. 24. 1909.
IB6o—William Jennings Bryan, three
times Democratic candidate for
President, Secretary of State,
bom in Salem, 111. Died at Day
on, Tenn., July 26. 1925.
TODAY IN HISTORY.
IBf4> The famous trial of Prof. Web
ster for the murder of Dr. Park
man began in Boston.
1628 Col. Charles A. Lindbergh re
ceived Woodrow Wilson medal
and $23,000 peace award in New
York.
TODAY’S BIRTHDAYS.
Mrs. Lowell F. Hobart, of Ohio,
1-nnident-general of the Daughters of
he American Revolution born in Cin
cinnati, 63 years ago.
Alice French (“Octave Thanet")
oldtime popular novelist, born at An
dover, Maas., 82 years ago. •'
John J. Raskob, of New YoTk. chair
mun of the Democratic National Com
mittee. born at Lock port. N. Y., 53
/ears ago.
Dr. Charles E. Burton, secretary of
the National Council of Congrega
tional Churches, born in lowa, 63
/ears ago.
Dr. George C. D. O’Dell, Colum
bia University’s noted profeusor of
I ram tic literature, born at Newburgh,
V. Y.. 66 years ago.
TODAY’S HOROSCOPE.
Knowledge is the keynote of this
Viy. Depending upon the hour of
‘lirth, success should lie in the study
>[ medicine or in serious literature.
There are unusual powers of mind,
vith an understanding of Ihe laws of
tnalysis.
HEAVYWORKGIVEN
N. C. STATE’S TEAM
Spring Holidays Utilized for
Two Training Drills
Each Day
Raleigh, March 19.—The N. C. State
College baseball team is being sent
hrough two workouts a day as a re
ult of spring holidays at the school.
These holidays, which began Friday,
/ill end next Tuesday night.
Coach Chick juoaic Kept a majority
f the players over during the four
ay recess m order to have more time
n which to whip a team into shape
or the opentng game with Jersey
’lty at Greensboro Friday afternoon.
March 25.
Work in the camp during the holl
lays will consist largely of intersquad
Tames.
SPRING FOOTBALL
RESUMED AT STATE
Raleigh, March 19.—Spring football
'raining at State College will be re
sumed on Tuesday, March 29, Head
Coach John P. “Clipper" Smith an
nounced today.
The drills will continue for at least
a month after that date, Coach Smith
said. The players have already had
six weeks of training.
The drills were stopped last week
in order to give the players time to
devote to mid-term examinations
which were held at the college this
week.
STATE GRID - STAR
Oft SPRING ELEVEN
Raleigh. March 19.—Com Silver,
■tar end on the State College football
team In 1929 and 1990. to expected to
rellster next week for the spring team
work at State. Silver is a track star
and will be eligible for this spear’s
team. He will probably be a member
of the relay team which State will
enter in the State meet at Chapel Hill
on May 7 and the Southern Confer
ence outdoor mem at Birmingham.
Ala., on Hay 19 and 14.
HENDERSON, (N. C.J DAILY DISPATCH* SATURDAY, MARCH 19, 1932 1
Babson Points To Signals
To Watch For Prosperity
Enumerate* Fresh Signs That Indicates Better Times;
Says Commodity Price Trend Is Important;
Recovery In Ideals One Hopeful Sign
BY ROGER W. BABSON,
Copyright 1992, Publisher* Finan
cial Bureau.
Baboon Park. Fla.. March 19.—1 am
juet as optimistic, now about business
as I was pessimistic about it Wore
the crash in 1929. My optimism is
based not on hopes or wishes, but on
facte. Foremost among these facts is
the position of the Babsonchart. This
chart (comprising over fifty subjects
denoting the physical volume of busi
ness activity) now indicates clearly
that the area of depression is more
than half consumed. The Law of Ac
tion and Reaction, as shown by the
Babsonchart, is now working to bring
about gradual improvement. From
1929 to 1932 we had Reaction— decline
From 1912 on we shall have action—
improevemnt—even though the gain
will be gradual.
There are two sets of signals to
watch: First, those that say the track
is being cleared; and second, those
that say the train is coming. Here
are some that man a clearer track.
(1) Debts have been reduced. It was
excess debt that causd the 1929 col
lapse. (2) Expenses have been cut, —
individual, corporation, everything but
government expenses (and those must
come down). (3) Wages and rents are
getting down. Many say that if wages
are reduced there is less buying pow
er. On the contrary, with everything
else reduced lower wages spread em
ployment stimulate circulation of
money and increase total buying pow
er. (4) Idle funds have piled up. The
track is clear for reinvestment and
loans as confidence returns. (5) Com
modities and securities are very low.
(6) The Glass-Steagall -ill and the
other emergency measures are clear
ing up frozen credits, bolstering weak
spots and halting deflation.
Sign* Pointing Toward Betterment.
Instead of walking around in a daze
of self-pity with your hat over your
eyes wake up and take a good look
xit the signals now being flashed.
Watch for the key signals that mean
tangible improvement. First, watch
bonds. At this writing the bond mar
ket has made a gain every day ex
cept one for the past 21 days. Re
member that bonds always procede
business and stocks in an improve
ment from a depression. Second,
watch money circulation statements.
The latest trend is toward decline,
•which at present means return of
hoarded money to the banks, a very
good sign. Later, when hoarding
ceases, an upturn in circulation will
mean better business. Third, watch
bank deposits. Last week there was a
gain in member bank deposits for
the first time in three months. If con
tinued, it is a highly important signal,
‘because it means banks will begin to
.lend. Fourth, watch bank failures.
These have dropped sharply and are
now at the rate of less than one a
day compared with twelve a day two
months ago. a very favorable sign.
Watch industries. Although produc
tion in most lines remains low, there
are signs of impending betterment.
Already some lines are responding.
Cotton textile outpu was fifteen per
cent higher in January, 1932, than in
January, 1931. Daily rate of pig iron
output in February was six per cent
above January. Steel capacity in op
eration is up five per cent since the
first of January. Outlook is for the
spring seasonal peak in steel to be
delayed till April or May. but it will
come. Watch automobile output.
Ford’s plans for huge prduction are
highly important. Shoe production in
February* was estimated larger than
Mayor Kills Own Job?
I iis||r , v
I, * 1
§ J
[. r IS PL
* r, ... 8 ■
: ■ -Vi- \ .
V. I
vJwn.;.
In the interests of public econ
omy* Mayor J. C. Thompson of
j Wilmington, 111., has launched *
movement to abolish his own job.
He has urged the town's citizens
to do away with the office of
mayor and the board of aiders
men and to substitute a commis
sion form of government. He
now receives SBOO a year, which
would dwindle to S6O were ho
chose# head of a commission gov*
inuDiat.
January, which month in turn wax
larger than either December or Jan
uary of the preceding year.
Cosnmodtoy Price Trend Important.
One of the beet signals to watch to
wholesale commodity prices. A sus
tained rally In commodities is always
one of the first convincing proofs of
better business. Evidence accumulates
that commodities are stabilizing pre
paratory to an upward turn. Recent
strength in cotton, copper wheat, and
certain other raw materials is worth
noting. It should be remembered, how
ever, that commodities do not all move
ail together, and while an intermedi
ate upward movement in the general
wholesale price index lies ahead, buy
ers must study individual commodi
ties rather than purchase Indiscrim
inately. The anticipated strengthening
may come Booner than is generally
expected, and because of Its irre
gularity will catch many buyers nap
ping.
There to distinct poesibiity of rising
tendencies in farm products this year.
It would take a price rise of only a
few points to add millions of dollars
to farm purchasing power, and I ex
pect that in 1932 there will be an in
crease in farm purchasing power over
1931. One of the strongest reasons for
this Is the curtailment of acreage this
season. We will see the working out
of the old law of supply and demand.
Low prices curtail output, just as high
prices encourage over-production. Re
duced output in turn will strengthen
farm prices, just as over-production
caused them to fall. Furthermore, the
sharp rise In sterling exchange and
the reduction in the Bank of England
rate suggests that Great Britain is
getting on her feet again. This should
help farm exports and aid an ad
vance in prices.
A leading New York banker once
said that the sureet sign of a coming
business depression was a long wait
in glist at the Country Club. Events
since 1929 have proven him right. How
ever, people’s ideals change with
changes in business. Today, under the
lash of depression, nearly everybody
has come to a commonsense attitude
o nthe fundamentals of sensible liv
ing and right thinking. Out of these
hard times is being born a new spirit
of thrift and industry—something
which the majority had forgotten be
fore the 1929 crash.
This depression is showing that we
must all make sacrifices for the com
mon good. It was a depression in
ideals that started the depression in
business. In the prosperity period,
greed took the place of cooperation;
selfishness overcame fair-dealing; dis
honestly displaced integrity. Now the
attitude is changing. Hard work, hard
thinking, efficiency, and integrity are
coming back into vogue. The surest
signal of business recovery is the re
covery that is already taking place
in our ideate.
General business as measured by the
Babsonchart is now 33 per cent below
ihe normal X-Y line, compared with
31 per cent a month ago, even with
adjustments for usual seasonal move
ments.
BASKETBALL STARS
AT STATE HONORED
Raleigh, March 19. —Eight freshman
basketball players were awarded class
numerals and monograms were award
ed to two varsity wrestlers by the
athletic department of State College
Saturday.
The freshmen winning basketball
awards are: Frank Partel, Woodrow
Lambeth, Walter Oakden Ray Rex,
Donald Dixon, William Henry. Char
les Crowell and David Rodwell.
The varsity wrestlers are: Capt. R.
D. Smitrwick and Martin D. Baze
more. Randal Lyday was presented a
wrestler’s managers letter.
No freshmen wrestling awards were
made.
NOTED SCIENTIST TO DELIVER
MCNAIR LECTURES AT U. N. C.
Chapel Hill March 19—Dr. Robert
A. Millikan, of the California Insti
tute of Technology, one of the woridl
moat noted scientists, has accepted
an invitation to de-Uver the annual
series of McNair lectures at the Uni
versity of Nor* h Carolina this spring.
President Frank Graham announced
today.
Dr. Millikan has announced as hte
subject. "The Changing Workl.’’ The
dites of the lectures are April 20, 21
and 22.
SALE OF PERSONAL PROPERTY
OF ESTATE OF S. M. BLACKNALL
Pursuant to order of the Clerk of
Superior Court of Vance County,
North Carolina, and for the purpose
of settling the estate of the late S.
M. BiacknaM, I wiM offer for sale at
public auction to the highest bidder
for cash, cm the premises, of the late
B. M. Black nail, at KJttrell, N. C.
on Saturday, April 2nd., 1932 at 10
o’clock, A. M. the following describ
ed personal property.
1 mower, 1 reaper. 1 thresher, 2
wagons, 1 home, 13 mules, 1 automo
bile. 5 motor trucks, 5 fire-proof safes,
5 typewriters and adeftng machines
4 addreeangmphs, 2 muSlgraphe, 5
•bares of stock Citizens Bank and
TTudt Company, shrubs and nursery
stock and ornamental plants, mail
ing Mat of about 45,000 mi time on
plates, the trade name and good will
of “The Continental Plant Co.”, book
accounts and notes receivable, about
235 barrels oi conn. All other Items
of pensooM property.
The above personal property may be
»een at KittreN if. C., an applica
tion of the undersigned.
MISS MILDRED PURVIS,
Administratrix c. t. a. of
S. M. BLACKNALL.
Kiting. N. C.,
Ring Worm
—‘
ONE LEFT-HANDER
ON STATE S TEAM
Raleigh, March 19. —Os the seven
men expected to pitch for the State
College baseball team this year, only
one is left handed. He Ls Harvey
"Hank” McLawhorn. The right hand
ed hurlers are: John Lanning, Joel
Morris, Charlie Jeffrey, James Cooper,
Paul Nance and Hyman Dave.
FOR SHERIFF
I hereby announce myself as a can
didate for the office of sheriff of
Vance County, subject to the endorse
ment of the Democratic primary in
June. I promise that, if elected, I
will conscientiously and faithfully dis
charge the duties of the office.
J. L, CRABTREE.
March 19, 1932.
FORECLOSURE SALE
By virtue of a power contained in
a Deed of Trust executed by John H.
Bullock, Jr % (unmarried) recorded in
the office of the Register of Deeds of
County ir. Book 95 at Page
57, default having been made in the
payment of the debt therein secured,
on request of the holder of same, we
shall sell for cash, by public auction,
at the Court House door in Hender
son, N. C., at twelve o'clock noon on
the 4th day of April, 1932, the follow
ing described property:
Begin at a stake on the edge of the
right of way on Southerly side of
Seaboard Air Line Railway, and run
thence S, 10 degrees 50 minutes E.
2257 feet, to a stake, thence S. Id
30 minutes E. 330 feet S. 3 degrees
South 950 feet. S. 3 degrees E. 450
E. 304 feet, S. 2 degrees W 500 feet,
feet, S. 3n degrees 40 minutes E. 410
| feet, S. 83 degrees 40 minutes E
715 feet to a stake, comer of Lot No.
2. thence N. 5825 feet to the right-of
way of said Railway; thence along
way of Seaboard Air Line Railway;
thence along the right-of-way of said
railway S. 63 W. 1495 feet to the place
i of beginning, containing one hundred
and .twenty-five <125) acres.
B. H HICKS & BELLE H. PURVIS
Executors of the will of
T. T. HICKS,
Deceased Trustee.
Henderson, N_ C., March 5, 1932
LOW ROUND TRIP
Easter Coach Excursion Fares
HENDERSON TO
Portsmouth (Norfolk) $1.50
Richmond $1.60
Tickets on sale for all trains March
25-26 and morning trains March 27.
Good returning urKil March 29.
No baggage checked—No stopovers
allowed
Children five and under twelve—
Half Fkre
| Round Trip Easter Fares Between
All points in the Southeast—ONE
FARE PLUS ONE DOLLAR—on sale
March 23-24-2.V28 Limited 15 day*.
Stopovers Allowed —Baggage Checked
Tickets good in puilman com on
payment of puilman faree.
$16.95 Round Trip Easter Rote to
ATLANTIC CITY
And other New Jersey Resorts
On sale March 23-25— Limited 18 days
. HENDERSON TO
CHATTANOOGA
And Return
$19.01
On Sale March 39, 31
limited April 2nd.
For Information Bee Ticket Agent
H. E. PLEASANTS, DPA.,
Raleigh, N. C Phene 3700
566 Odd Fellows Ban Slug
Seaboard
Al* VIM AAUAMAV
NOTICE
STATE OF NORTH CAROLINA
COUNTY OF VANCE
Dtf&utt having been made In (he
deed of trust executed by R. A.’ Harris
payment of that debt secured by that
and wife, Beesie Harris, dated the
lath day of January, 1931. recorded in
book 156 at page 425 in <he office of
the register of deeds for Vance county,
N. C., and at the request of the hold
er thereof, the undersigned Trustee
will offer for sal? and sell to the high
est bidder for c«Bh at the Courthouse
door in Hendereon, N. C., on Monday,
April 11th 1932 at 12 o’clock midday,
the following described property:
AH the right title and interest of
the said R. A. Harris and wife, Bessie
Harris of every kind, nature and de
scription in and to that lease dated
the 22nd day of April, 1930, duly filed
for registration in Vance County,
North Carolina, executed by Dorsey
Hart and wie, Elouse Hart, which mid
tease runs for a period of five years
with option of renewing the same for
five years, on some six or seven acres
EASTER EXCURSIONS
SOUTHERN RAILWAY SYSTEM
ONE FARE PLUS SI.OO
ROUND TRIP J
BETWEEN
ALL POINTS IN SOUTHEAST
Including:
Washington, Cincinnati, St. Louis, Memphis, New
Orleans, Atlanta, Birmingham, Vicksburg
and Intermediate Points.
Dates of Sale: March 33, 24, 35, 26.
Final 'Retain Limit 15 Days.
Commit Ticket Agent*, or Address*
F. H. POSTON, Division Passenger Agent.
3#l-« Lawyer* Rail Sing Pkone SSI Kaleieh. S <
Low Bound Trip Fares to Almost Every Town in America
Over The
East Coast Stage Lines
The Short Line System
These tickets are good on all regular schedule buses.
Call the agent for information.
'Phone 18 Union Bus Station,
Henderson, N. C.
When planning a trip always nde the bus.
Bide De Laze Motor Bases—The most safe and
courteous way to travel.
of land In Vane*' county, North Caro
lina known as port of the Dorsey
Hart farm adjoining T. H. Hisht and
others, and upon which land R
Harris has erected and does now ope
rate a planing mill or saw mill TV
gether al*.o with all the machinery
appliances and equipment now local
ed on said premises and used in a,
operation and conduct of .said busr
net*; mid machinery conpisure id
p:»r# of an A-4 Yates Planer, a BciHt
Saw and a Hardy-Hoes Cot Its* Tvy*
Steam Engine. It being the iniemiw
of this instrument to convey all of th*
machinery regardless of whether ;h»
same is described herein or not. locat
ed on said premises. Together at.*
with all right, t-tle and intern* whict
the port>ee of the first part may haw
in and to buMcbngs. houses and otb*r
property which may have been kw>s
upon the said premises or which may
hereaFer be located upon said pro
misee during the life of the af<*r«.iid
lease.
This the 11th d*y of March, 1M!
J. H. ZOLLICOFFER. Tnate*

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